2009 Legislative Updates

 

The FAAA has already brought millions of dollars of benefits to dozens of Florida’s aviation and aerospace companies. This didn’t happen by accident; it happened because the Alliance pursued an aggressive legislative agenda during the past 4 years. We have an equally aggressive legislative agenda for this year, but we are just scratching the surface of what needs to be done to make our industry healthy. Learn more about this years issues and our successes in past years. Don’t forget to let your Senator and Representative know how your company feels about the current issues.

Key Aviation & Aerospace Issues

Tax Exemption for Research and Development and Manufacturing Equipment for Defense and Space Industr
Proration of the Aviation Fuel Tax
Sales Tax Exemption for Aircrew Training Simulators
 

Legislative Successes

Capital Investment Tax Credit
Sales Tax Exemption on Aircraft Repair, Sales and Leasing
Modification to Sales Tax Exemption on Electricity Used in Manufacturing
Florida Preparedness for VentureStar Bid
Limited Liability Company Tax Exemption
Qualified Target Industry/Qualified Defense Contractor Programs
Sales Tax Exemption on Machinery and Equipment used in Silicon Technology Production
Corporate Income Tax-Sponsored Research

 

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